Month: December 2017

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  Italian stocks and bonds drop on report of March election

  The Italian election will be a big story early in the year Three of Italy's biggest newspapers reported that President Sergio Mattarella will dissolve parliament[...]
  2017-12-13 20:47:06

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  S&P 500 creeps higher in the countdown to the FOMC decision

  S&P 500 up 4 points to 2668 The market likes the softer CPI numbers because they mean the Fed might be less-hawkish. That said, the[...]
  2017-12-13 20:47:06

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  US stocks are opening in the black. Yields are lower after CPI data

  Bond yields reverse their gains The major US stock indices or higher: In the US that markets, gains from earlier in the day were wiped[...]
  2017-12-13 20:47:06

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  The Alabama Senate election will have no effect on tax reform

  Tax reform is going to get done There were some jitters earlier that the Republican loss in Alabama yesterday would somehow stall tax reform. Listening to[...]
  2017-12-13 20:47:06

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  3 things exclusively unique to today's Fed decision

  A look at today's FOMC decision The Federal Reserve is widely expected to raise rates another 25 basis points today. The focus will be on[...]
  2017-12-13 20:47:06

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  US EIA weekly oil inventories -5117K vs -2894K expected

  Weekly US oil and gasoline inventory and production - was -5610K - Gushing -3317K - Gasoline +5664K - Refinery utilization -0.4% - Oil production +0.8%[...]
  2017-12-13 20:47:06

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  Rep Senator Jeff Flake says he's still undecided on tax bill

  Could it fall apart? If Flake, Corker and Susan Collins have a change of heart, it would be quite the turnaround. ...and this would look[...]
  2017-12-13 20:47:06

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  OPEC Sec Gen: We're working on a framework for a continuity strategy

  Barkindo comment: - OPEC and non-OPEC producers are designing a framework for a continuity strategy for oil supply management Copyright 2015 Forexlive.com
  2017-12-13 20:47:06

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  Second phase of Brexit talks likely to be approved next week - report

  Reuters report A report citing a French Presidency source says EU leaders will likely approve plans to enter the second phase of Brexit discussions at[...]
  2017-12-13 20:47:06

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  Canadian oil is being sold at a gigantic discount

  Canada has a bottleneck problem Canada only has one customer for its oil -- the United States. Virtually all of Canadian oil production is in[...]
  2017-12-13 20:47:06

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